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EA has responded to claims that it released “materially false and misleading statements” about the strength of Battlefield 4 to “artificially inflate” its share price, labelling the lawsuit filed against it as “meritless”.
Responding to the allegations noted in the lawsuit, which was filed by US law firm Robbins Geller earlier in the week, EA’s senior director of corporate communications John Reseburg told Gamasutra:
“We believe these claims are meritless. We intend to aggressively defend ourselves, and we’re confident the court will dismiss the complaint in due course.”
The complaint against EA alleges that the firm “failed to disclose and misrepresented… adverse facts which were known to [the company]” prior to the launch of Battlefield 4, claiming that “Battlefield 4 was riddled with bugs and multiple other problems, including downloadable content that allowed players access to more levels of the game, a myriad of connectivity issues, server limitations, lost data and repeated sudden crashes, among other things.”
The lawsuit also accuses “Electronic Arts’ senior executives [of selling] their Electronic Arts stock at artificially inflated prices” following positive statements made about Battlefield 4 earlier in the year.
Battlefield 4’s initial sales were reported to be down 69 per cent on Battlefield 3’s. However, it isn’t yet clear how many units the title has sold or whether the subsequent release of the next-gen versions has made up for the initial deficit.
Source: gamasutra.com
